Thinking of Making Home Improvements?
Good Monday Morning!
Tired of the cold and fog yet? If you are, just remember that more rain is just around the corner. Hopefully, we will continue to see the sun that we have today for many more day to come.
Since many people are making the choice not to sell their home in this market the thought of making improvements is high on the list of many homeowners. The question is what upgrades are going to add value? In most markets any upgrades that improve the homes effective age are good investments. This means updating carpets, paint, windows, roofing, siding, fixtures, hardware, etc. may all have a long term positve effect on a homes long term value. Also, doing repair work such as taking care of dry rot, replacing outdated electric panels, plumbing, etc. will most likely add value. Modest improvements in landscaping can also add value over time. Generally stay away from adding pools, large decks, spas, sound systems, etc. that may be nice for you the homeowner, but may not actually add value to your home. Putting on large additions or doing extensive remodels may also not increase your homes value enough to compensate for the costs. Be cautious!
As the market cycle changes, home values will begin to increase once again. Investing wisely now may pay you back handsomely in the future.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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7321 B Street
Nice family home with an open spacious living room and kitchen. Park-like backyard with trees and paths. Sunroom for entertaining. RV parking and fenced yard....
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
